Southern California Eye Institute

Analysis

Southern California Eye Institute is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern California Eye Institute reported income of $705k and spending of $635k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $337k to $705k (+109%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 282%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern California Eye Institute sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Monroeville Public Library Fund ($705k), Chestnut Hill Academy Parents and Teachers Ensuring Results ($705k) and Executive Education Academy Charter School Foundation ($705k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.3% of the total. Other salaries and wages came to $135k. At year end it held assets of $1.2m against liabilities of $99k, net assets of $1.1m. It reported 2 employees.